Question 16
EasyOriginal questionLiberalisation means
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Liberalisation removes restrictions, such as licensing, so that firms and markets can work freely.
Worth noting
Selling government firms is privatisation; linking with the world is globalisation.
- Concept
- Liberalisation
- Typical timeTypical
- 40 s
- Your timeYours
- —
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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.